Paula's basis in her partnership interest is $ $60,000.$ In liquidation of her interest, the partnership makes a proportionate distribution to Paula of $ $20,000$ cash and inventory $($basis of $ $5,000$ and value of $ $7,000).($Assume the partnership also liquidates.$)$ If an amount is zero, enter $"0".$ a$.$ Complete the table below using the format of Concept Summary $11\mathrm{.}2$ to calculate the effects of the distribution. Note: If you use Excel to set up the table, designate an input area for the amounts on lines $1,2,5,$ and $8.$ Code the formulas shown in the Calculations section of the concept summary to calculate the amounts in the remaining lines. You will use "sum," "min," "max," and $"$if$/$then$/$else$"$ formulas. $/$r$/$n d$.$ What happens if the partnership also distributes artwork to Paula with a basis of $ $1,000$ and a fair market value of $ $30,000?$ Basis in property is to $ X$.$